Thailand mulls external reserves managers

Tarisa Watanagase, the governor of the Bank of Thailand, says the central bank may outsource the management of part of its $73 billion reserve holdings to maximise investment returns.

"We might set up a fund management unit to look after the reserves. Or we can also separate the reserves and manage the money independently," Watanagase said earlier this week in a radio interview.

Watanagase said she would consult with experts and the finance ministry on how to make use of and get the best yiel